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CC Resolution No. 7456 RæOIDl'ION NO. 7456 /~ / A RæOIDl'ION OF 'IHE CIT\/' <XXJNCIL OF 'IHE CIT\/' OF aJPERI'INO APPI<OVING PARCEL MAP AND ~ PLANS OF PROPERI'Y IDCATED ON RAINB:M IIUVE, DEVEIDPER GEXJR:;E Dru, AI1IK>RIZlliG EXEnJ'I'ION OF ~ AGRE»IENT; AIJIHORIZING SIGNING OF ~ PLANS WHEREAS, There has been presented to the City Council for approval of the ÌITprovement plans of property located on RaÌ11bc:M Drive; arrl WHEREAS, there has been presented to the City Council an agreement by arrl between the City of CUpertino arrl George Dai, relative to the ÌITprovements on RaÌ11bc:M Drive; arrl WHEREAS, the aforementioned agreement is a supplementary agreement to that certain agreement entered into by arrl between the city arrl Rainbc::M Court Associates on February 24, 1986; arrl WHEREAS, good arrl sufficient bards, fees, arrl deposits as set forth in Exhibit "A", have been presented for the faithful perfonnance of work as contained in the aforementioned agreements, arrl said agreements arrl bards havin;¡ been approved by the City Attorney; NCM, 'IHEREFORE, BE IT RæOLVED nJAT a. The ÌITprovement plans herein referred to are hereby approved. b. The City En:Jineer is hereby authorized to sign said ÌITprovement plans. c. The Mayor arrl the City Clerk are hereby authorzed to execute the agreement between the City of CUpertino arrl George Dai, herein referred to. PASSED AND AOOPl'ED at a regular meetin;¡ of the city Council of the City of CUpertino this 4th day of Apt; 1 , 1988 by the followin;¡ vote: vote Members of the city Council AYES: NOES: ABSENT: ABSTAIN: Johnson, Koppel, Plungy, Rogers, Gatto None Nene None A'ITEST: APPROVED: I~I nnrothy Cornelius City Clerk /s/ John M. Gatto Mayor, City of Cupertino EXHIBIT "A" DEVELOPMENT: SINGLE FAMILY DEVELOPER: GEORGE DAI LOCATION: RAINBOW DRIVE A. Faithful Performance Bond: * Twenty Thousand One Hundred Sixty & No/lOO B. Labor and Material Bond: * Twenty One Thousand and Sixty and No/lOO Dollars Resolution No. 7456 1. $ 2. 3. 4. 7,3l0.00 5,940.00 5,4l0.00 l,500.00 $20,l60.00 Exhibit "A" Exhibit liB" Exhibit lie" Exhibit liD" Exhibit "An Exhibit liB" Exhibit liCit Exhibit "D" 1. $ 7,3l0.00 2. 5,940.00 3. 5,4l0.00 4. l,500.00 $20,l60.00 C. Checking and Inspection Fee: $ l,209.00 One Thoursand Two Hundred Nine and No/lOO Dollars D. Indirect City Expenses: One Hundred Eighty One and No/lOO Dollars E. Development Maintenance Deposit: F. Storm Drainage Fee: G. One Year Power Cost: H. Street Trees: 1. Map Checking Fee: J. Park Fee: K. Water Main Extension Deposit: L. Maps and/or Improvement Plans: $ l81. 00 Paid Paid Paid Paid Paid Paid Paid Paid * These figures are the amounts in addition to those amounts enumerated in the Agreement for this project dated February 24, 1986. City Council Resolution No. 6780.